Albuquerque is the 68th largest multifamily market with 55,893 completed units and 10,730 units in development, 3,036 of which have already broken ground, as of September 2022.
Albuquerque Multifamily Market Insights – September 2022
New lease asking rents are at $1,290, up 10.6%▲
from the previous year placing Albuquerque at
37th overall in year-over-year rent growth
Albuquerque Multifamily Market Insights – August 2022
New lease asking rents are at $1,279, up 12%▲
from the previous year placing Albuquerque at
31st overall in year-over-year rent growth.
Albuquerque Multifamily Market Insights – July 2022
New lease asking rents are at $1,265, up 14.1%▲
from the previous year placing Albuquerque at 29th
overall in year-over-year rent growth.
Albuquerque Multifamily Market Insights – June 2022
New lease asking rents are at $1,250, up 15.4%▲
from the previous year placing Albuquerque at
30th overall in year-over-year rent growth.
Albuquerque Multifamily Market Insights – May 2022
New lease asking rents are at $1,215, up 14.5%▲
from the previous year placing Albuquerque at
38th overall in year-over-year rent growth.
Albuquerque Multifamily Market Insights – April 2022
New lease asking rents are at $1,203, up 15.9%▲
from the previous year placing Albuquerque at
33rd overall in year-over-year rent growth.
Albuquerque Multifamily Market Insights – March 2022
New lease asking rents are at $1,185, up 16.1%▲
from the previous year placing Albuquerque at
32nd overall in year-over-year rent growth.
Albuquerque Multifamily Market Insights – February 2022
New lease asking rents are at $1,186, up 17.6%▲
from the previous year placing Albuquerque at
27th overall in year-over-year rent growth.
Albuquerque Multifamily Market Summary – January 2022
New lease asking rents are at $1,183, up 17.6%▲
from the previous year placing Albuquerque at
25th overall in year-over-year rent growth.
Albuquerque Multifamily Market Summary – December 2021
New lease asking rents are at $1,173, up 17.8%▲
from the previous year placing Albuquerque at
18th overall in year-over-year rent growth.
